Sanibel Real Estate Blog: Sanibel SMASH!

May 11th, 2016

The biggest recorded sale in Sanibel Island history just happened at 3421 West Gulf Drive for $6.837  million. That tops every single-family home ever for sale on Sanibel.

This home is very unique, built in 2007 by the Wolter Group and checks in at 5534 sq. ft. Of course it is right on the Gulf of Mexico with a gorgeous infinity pool.

WE have more! If it is time for you to get in on the Sanibel real estate action, give us a call at 239-849-3396 or check out our website at www.chuckandrews.com for all of the Sanibel real estate listings.

Sanibel Real Estate Blog: Average Hurricane Season Expected

May 5th, 2016

The Colorado State University hurricane researchers are predicting a near -average season as we begin 2016 season on June 1.

They are predicting 12 named storms- of those they predict five to become hurricanes and 2 to reach major hurricane strength with sustained winds of 111 mph or greater.

They will issue updates on June 1.

Sounds like a  very unscary hurricane year coming up- maybe time to think about Sanibel real estate. Check out our listings at www.chuckandrews.com or give us a call to discuss  Sanibel real estate anytime.

Sanibel Real Estate Blog: Oops, sales down.

April 27th, 2016

The number of sales reported in the Sanibel MLS is down 28% from this time last year. We feel this is partly due to record low inventory (down 25%!) from the last two year average. There has been  a slight increase in median prices, so the market is seemingly back to normal.

If the Sanibel real estate market is on your hit list- check out our listings at www.chuckandrews.com or give us a call to discuss anytime- 239-849-3396.

Sanibel Real Estate Blog: Redesigned remax.com

April 21st, 2016

The bold new remax.com has been completely redesigned, refreshed and re-engineered to create a user experience home owners and buyers will love. Visitors to the site will find streamlined navigation, robust search functionality and a mobile-responsive experience. The increased engagement by consumers will result in more leads generated for agents over time.

“All of the enhancements to the site will impact brokerages in a very positive way,” said Tim Drouillard, RE/MAX Senior Vice President of Information Technology. “We’ve built something with a dynamic design, that’s instantly engaging and versatile enough to keep up with today’s fast-paced tech world.”

The new site fully promotes the global, luxury and commercial brands, making it the one-stop shop for customers searching real estate online. Specifically designed with SEO best practices in mind, remax.com is now easier than ever for consumers to find. And its up-to-date listing information, as well as relevant content on the social-friendly blog, will have people returning to the site again and again.

“The new site has made searching for a home a stress-free, and even fun, experience,” Droulliard said. “And when consumers are ready to leap from browsing to buying, we’ve made it easy to get in touch with a RE/MAX agent to help.”

The new remax.com is now live! Be sure to check out all of the new updates for your Sanibel real estate! You can always check out our Sanibel real estate listings at www.chuckandrews.com too!

Sanibel Real Estate Blog: Downtown!

April 15th, 2016

Wow, this is new: Sanibel will have a new downtown hub with construction beginning in 2017. The new hub will include a performance hall, theater and learning center. The City of Sanibel government has donated 25 acres of land located near the Sanibel Public Library. Pretty exciting stuff!

Sanibel real estate sales continue to hum along too. If you have an interest in Sanibel real estate, you can check out our listings at www.chuckandrews.com or give us a call at 239-849-3396.

Sanibel Real Estate: Beer in the Bushes

April 7th, 2016

We will take our beer anywhere we can get it-and the bushes sounds just fine, especially when the venue is SCCF’s Nature Center while not only enjoying fine craft beer but also live music, dancing & food truck offerings. It is happening this Saturday, April 9 from 6-10. It is a rain or shine event and tickets are $70.

This year’s entertainer is Kermit Ruffins & the BBQ Swingers, a New Orleans Jazz band.

The fundraiser helps support SCCF’s  mission of conserving coastal habitats and aquatic resources on Sanibel & Captiva.

If thoughts of Sanibel real estate ownership enter your mind  while attending the Beer in the Bushes bash, check out Sanibel real estate listings at our website: www.chuckandrews.com or give us a call to discuss the Sanibel real estate market anytime.

Sanibel Real Estate Blog: Traffic Cam

April 1st, 2016

New to Sanibel- update on traffic conditions via traffic cam. Go to wwwmysanibel.com to check it out anytime.

If those traffic conditions are all clear, stick around to check out Sanibel real estate.

Get a preview of those listings at www.chuckandrews.com or give us a call about Sanibel real estate anytime.

Sanibel Real Estate Blog: February Lee County update

March 23rd, 2016

The stats are gathered for February and it seems we have hit a bit of slump in Lee County. Closed sales in February amounted to 825 home sales and that was down 12.5% from last year.

February was however the 51st consecutive month of a median home price increase, now up to $ 216,800 (from $194,000. The new condo median price in Lee is $ 192,000.

We can probably attribute the slow start of 2016 with some real estate market jitters as the stock market to a hit in Jan and Feb. Lack of inventory could be another one. We are still quite low on product to sell in some locations. The value of the Canadian dollar is probably also effecting area  home sales.

Buying or selling Sanibel real estate, be sure to talk with real estate pro Chuck Andrews, or check out our website for all Sanibel real estate listings.

Sanibel Real Estate Blog: New Rules

March 17th, 2016

No, not Bill Maher talking, but Closing Corp talking about a survey on the new TRID rules.

A survey of people who bought two homes – one before new truth-in-lending disclosure rules went into effect in October 2015 and one after – found that the lending process is easier to understand, but it’s tougher to complete.

ClosingCorp conducted the survey of repeat buyers to find out how the new TILA-RESPA Integrated Disclosure (TRID) rule impacts the customer experience in getting and closing a residential mortgage.

Major findings

  • 64 percent of respondents said it was easier getting a mortgage under the old pre-TRID rules
  • 70 percent, however, said that the actual closing day was faster post-TRID; 19 percent said it was about the same; 11 percent said it was slower
  • In terms of the time it took to get and close a mortgage, 57 percent said it took more time post-TRID
  • 63 percent said that the new “Know Before You Owe” forms for loan estimates and closing disclosures were easier to understand.
  • 68 percent said the new forms did a better job preparing them for the closing costs; only 6 percent disagreed
  • 65 percent said costs and fees were “explained better” post-TRID
  • 51 percent, however, said there were more “unexpected costs, fees and surprises” post-TRID
  • Respondents highlighted one consumer benefit with the new TRID disclosures: The ability to shop for service providers, such as title companies, inspectors, pest services, etc.; 78 percent said they were informed about this option, and 74 percent took advantage of it
  • 55 percent of buyers said they saved money post-TRID due to the ability to shop around for services
  • Of the respondents, more women (61 percent) said they weren’t told they could shop around for services than men (39 percent)

“There’s been a lot of speculation about TRID’s impact and its value to consumers,” says Brian Benson, chief executive officer of ClosingCorp. “Our new study of consumers who have bought homes and gotten mortgages both the new and the old way suggests that TRID is making it easier for consumers to understand the costs and fees that they’ll face at closing – but at the same time, the new rules are adding time and anxiety to the closing process.”

According to Benson, “The findings suggest that our industry has more work to do to get comfortable with the TRID forms and processes, and to educate consumers and their advisors.”

© 2016 Florida Realtors®

We haven’t had any problems with the new forms either so maybe it progress in this business that is actually ok! If you are in the  market for some Sanibel real estatehttp://www.chuckandrews.com, check out our listings at www.chuckandrews.com or give us a call to discuss Sanibel real estate anytime.

Sanibel Real Estate Blog: Tax credits for homeowners

March 3rd, 2016

Sanibel real estate homeowners:

Are you getting all of the tax credit you deserve on home improvement this year?

Homeowners can earn up to $500 on their return by taking into account small upgrades made last year, including:

  • Biomass stoves
  • Heating, ventilation, and air conditioning
  • Advanced main air-circulating fans (tax credit amount of $50)
  • Insulation (10 percent of the cost, up to $500)
  • Roofs (metal and asphalt)
  • Water heaters (non-solar earns a tax credit of $300)
  • Windows, doors and skylights (tax credit amount is 10 percent of the cost
  • excluding labor)
  • Check with your tax preparer if you have made any of these improvements.